Corporate financial results and be cautious lot of negative news items on pending.
Spectrum scam goes seriously, Avoid 3G spectrum scam related companies and telecom stocks.
After Petrol price hike, Diesel and LPG Gas cylinder prices also considering to hike. Focus on oil and gas stocks.
BSE Sensex - NSE Nifty
CNX Nifty technical level is 5,200 to 5,700 points for May 2011.
BSE Sensex technical level is 17,000 to 19,000 points for May 2011.
If indices break these levels, be cautious. Expected outlook is bearish.
Performance of tips
SKS Microfinance recommended just last week at Rs 270. Now Rs 380 and remain in upper circuit. Book profit today. What a jackpot tip? Are you get money from this stock?
We continuously recommended to avoid telecom stocks. Now see Reliance communication near 52 week low. Many telecom companies facing license cancellations from DoT (recently Idea and Spice telecom).
National Steel And Agro Industries: NSAIL is a member of the Ruchi Group of Industries. Business sector is Indian Galvanized Steel industry, commanding a significant market share in domestic and exports. Products are well popular in USA, EU, UAE and African markets.
Stock trading at Rs 25. Buy at current market price with stop loss of Rs 23. Immediate target price is Rs 28 to 30. Trading pick not for investment purpose.
Halonix: It is the largest manufacturer of CFL (Compact Fluorescent Lamps) and total lighting solution provider in India.
Stock trading at Rs 104. Buy when opening at lower levels with stop loss of Rs 100. Immediate target price is Rs 115 and above, very active stock catch it.
Trading pick not for investment purpose.
Moser-Baer (Futures): Moser Baer is a multi branded company. Engaging in Solar power equipment installation business, Optical storage manufacturer and manufacturer of pc peripherals and home electronics in India.
Derivative contracts for May 2011 trading at Rs 41. Buy at Rs 40 level with stop loss of Rs 37. Target price is Rs 50.
Active stocks to watch today
Renaissance Jewellery, Glenmark Pharmaceuticals, Sabero Organics Gujarat, Paramount Print, Excel Crop Care Limited, Empee Sugars Ltd, Rain Commodities, CMC and Shilpi Cable Technologies.
This site is not for pure intraday traders. Just for both Trading and Investment oriented Traders and Investors. Why waste your money to paid service? No analyst can provide 100% guarantee tips. Did you know ? Average successful rate of share market tips is 60% to 70%. If any analyst / expert / share-broker / adviser / tips provider says above 75% accuracy stock tips with guarantee, Don't believe it.
Update on: [ 17-May-2011, 8.40 AM ].